Economics
Richest Nordic Economy Now Faces First Recession Since 2008
- Government is preparing stimulus measures against virus impact
- Latest oil-price slump adds to recession risk for Norway
Equipment sits on a deck of the Maersk Invincible rig in the Valhall field in the North Sea off the coast of Stavanger, Norway.
Photographer: Carina Johansen/BloombergThis article is for subscribers only.
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Norway risks sinking into a recession for the first time since the financial crisis of 2008, after a collapse in oil prices added to the fallout of the coronavirus.